Finance
Ardagh Glass Sells 13-Acre Industrial Site with 27,300 SQFT Building in Seattle for $23MM
A large industrial property in Seattle’s Georgetown neighborhood has changed hands. According to King County public records, an entity affiliated with Green Dock...
First AME Zion Church Secures $3M Grant for 44-Unit North Portland Affordable Housing Project
Oregon’s oldest Black church is embarking on an ambitious redevelopment project that will replace its North Portland sanctuary with a 44-unit affordable housing...
Isola Communities Sells 67,000 SQFT Renton Office Building for $11.5MM in South King County Government-Leased Asset Deal
Isola Communities-affiliated entity sells DSHS facility to local buyer at $171 per square foot Government-leased office properties in South King County are attracting...
PGIM, Interstate Equities Buys 100-Unit Apartment Complex in Seattle’s South Lake Union for $32.5MM
Seattle’s South Lake Union continues to draw multifamily investors. According to King County public records, an entity affiliated with Interstate Equities Corp. and...
U.S. Existing Home Sales Edge Up 0.5 percent in November to 4.13MM Units
Third consecutive monthly gain reflects lower mortgage rates and improved supply conditions The housing market’s gradual recovery continues as buyers respond to more...
AI Tackles Construction Budgets: One Developer’s Quest to Cut 20 Hours Down to 8 Minutes
Jake Heller wasn’t trying to replace his estimator. The commercial real estate developer and AI consultant just wanted to know if artificial intelligence could...
Nordstrom Rack Plans Relocation to 38,000 SQFT Former Forever 21 Space in Downtown Seattle
Nordstrom Rack is planning to relocate its downtown Seattle store. The retailer filed a building and land use pre-application for 601 Pine St.,...
67-Unit Rowlock Apartments in Seattle’s Fremont District Trades for $19MM in Apparent Equity Deal
A 67-unit apartment building in Seattle’s Fremont neighborhood changed hands in an apparent equity deal, as the buyer and seller appear to be...
Pacific Northwest Housing Market Shifts in Favor of Buyers
Seattle and Portland join national trend as sellers struggle to find demand, though regional dynamics vary The Pacific Northwest’s housing market has tilted...
Alexandria Sells 144,000 SQFT Office Building in Bothell for $45.6MM
A Bothell office property leased to BASIS Independent school has changed hands for $45.6 million, or about $317 per square foot, according to...
Griffs Residential Buys 330-Unit Current Apartments in Shoreline for $112.5MM
An apartment complex in Shoreline has traded hands. The Current Apartments, a 330-unit multifamily community at 15560 Westminster Way N, has sold for...
Spokane Indian Housing Authority Acquires 201-Unit Cambridge Square Apartments in Burien for $45.1MM
Cambridge Square, a 201-unit apartment complex in Burien, has sold for just over $45.1 million, or about $224,378 per unit, in its first...
